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ai based fraud prevention systems ✌️【365vc.net】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!Similarly, ENS handles like parishilton.eth, which the namesake heiress acquired in 2021, are more relatable than the strings of letters and numbers that make up Ethereum wallet addresses.
For this service, "we need fast finality,” said Nick Johnson, the founder and lead developer of ENS.
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ai based fraud prevention systems ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!And to do that and have it remain decentralized and secure, we need fast finality, and optimistic roll-ups can't deliver that."Read more.NO CODE, NO PROBLEM?Patchwork, a startup focused on simplifying blockchain and smart-contract development founded by former Coinbase employees, has released the next version of its low-to-no-code tools for building decentralized applications (dapps).
Currently linked to Coinbase’s Base and backed by Coinbase Ventures, the “Create-Patchwork” picks-and-shovels approach lowers the barriers to building blockchain applications and attaching data to them.
Following the trend toward easily generated content, the complex world of blockchains and smart-contract design is on a path to no-code applications, or a “text-to-app” experience.
Create-Patchwork is the first of several features the team plans to roll out in early 2025 and a foundational step to enable creators to generate contracts and applications in seconds using natural language inputs.
“Patchwork is an Ethereum protocol that makes it really easy to build dynamic on-chain applications,” co-founder Kevin Day said in an interview.
“It lets on-chain things own other on-chain things, and it allows anyone to attach programmable data to on-chain things.”Read moreIn a wide-ranging interview after his selection as one ofCoinDesk’s “Most Influential” figuresin crypto for 2024, the EigenLayer founder was generous with his time, chatting more than an hour beyond our scheduled slot.
I was surprised at his openness because the last time we spoke, a colleague and I had just published an investigation into potential conflicts of interest at his company, Eigen Labs, and in the interim Kannan had disavowed our reporting point-by-point on a Blockworks podcast.This time, Kannan emerged in a different light.
ai based fraud prevention systems ✌️【365vc.net】✌️Start saving with ₹500 and achieve up to 100% monthly returns. Grow your money smartly!Whatever his misgivings about CoinDesk’s past coverage, they didn’t seem top-of-mind.What emerged wasn’t the portrait of a defensive tech founder, but rather that of a driven, thoughtful academic-turned-entrepreneur still adjusting to a spotlight few in this industry ever enjoy.
Instead of bitterness or evasion, I found ambition, reflection and a quiet kind of excitement.Kannan seemed as astonished as anyone by how swiftly EigenLayer had transformed from a concept into one of crypto’s most talked-about experiments, telling CoinDesk that he continued to view EigenLayer as a “scrappy startup.”Over the past 12 months, EigenLayer — which allows emerging blockchain applications to borrow Ethereum’s robust security — went from a relative unknown to an industry heavyweight.
ai based fraud prevention systems ✌️【365vc.net】✌️Start investing in blockchain with just ₹500. Transparent, secure, and highly rewarding!The platform raised more than $100 million from venture firms including Andreessen Horowitz and, before even fully launching, drew hundreds of millions of dollars in deposits from crypto users seeking extra yield.
Many were incentivized by a viral points program that investors hoped would translate into a lucrative future token airdrop.EigenLayer’s success during the bear market was striking, and Kannan may have played a larger role than any other entrepreneur in revitalizing decentralized finance on Ethereum.
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Industry critics took issue with the EIGEN token distribution plan — which locked up tokens for months and barred claimants from certain geographies — as well as the platform’s slower-than-expected feature rollout and concerns about “rehypothecation,” or the reuse of collateral for multiple purposes.
In August, the CoinDesk investigation (that Kannan disputed in the podcast) raised questions about EigenLayer’s conflict-of-interest policies, which may have allowed employees preferential access to tokens powered by its platform.None of this seemed to derail Kannan’s intellectual ascent.
ai based fraud prevention systems ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!Beyond running Eigen Labs, he still holds a position as an affiliate professor of electrical and computer engineering at the University of Washington, and his theory of “restaking” — letting people reuse staked Ethereum assets to secure other networks — has sparked a wave of innovation and copycats.
He’s become a familiar face on the conference circuit, where he unpacks his vision of blockchains as tools for solving humanity’s endless “coordination problems.”Blockchains, Kannan says, “are the biggest upgrade to human civilization since the U.S.
Constitution.”As Deputy Editor-in-Chief for Features, Opinion, Ethics and Standards, Marc oversees CoinDesk's long-form content, sets editorial policies and acts as the ombudsman for our industry-leading newsroom.
He is also spearheading our nascent coverage of prediction markets and helps compile The Node, our daily email newsletter rounding up the biggest stories in crypto.
From November 2022 to June 2024 Marc was the Executive Editor of Consensus, CoinDesk's flagship annual event.
He joined CoinDesk in 2017 as a managing editor and has steadily added responsibilities over the years.
Marc is a veteran journalist with more than 25 years' experience, including 17 years at the trade publication American Banker, the last three as editor-in-chief, where he was responsible for some of the earliest mainstream news coverage of cryptocurrency and blockchain technology.
DISCLOSURE: Marc holds BTC above CoinDesk's disclosure threshold of $1,000; marginal amounts of ETH, SOL, XMR, ZEC, MATIC and EGIRL; an Urbit planet (~fodrex-malmev); two ENS domain names (MarcHochstein.eth and MarcusHNYC.eth); and NFTs from the Oekaki (pictured), Lil Skribblers, SSRWives, and Gwar collections.ai based fraud prevention systems ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!